Assuming Obama wins a 2nd term, where do you think the US will be in 8 years?

Still south of Canada?

And not only will this private group of bankers hold the mortgages to your home, the loan to your business, etc, etc. With Barney's new proposed bill they can come in and tell you how to run your business.

Fed May Gain More Financial Oversight
Some Worry Plan Would Give Bank Too Much Power
http://www.washingtonpost.com/wp-dyn...012501686.html


Obama's righthand man Rahm Emanuel was one of the people behind the original bail out plan. Timothy (don't pay my taxes) Geitner was the Head of the NY FED which was responsible for doling out the original bailout plan. It's all the same people. If you keep doing the same things you've done you'll always get the same results.

http://en.wikipedia.org/wiki/Timothy_F._Geithner Everyone on this board who's an American can use Turbo Tax and pay their self employment, but Obama's mom's friend here that he appoints to get us out of the recession can't?

Anyone who is a blind lemming Obummer follower just start reading Thomas Sowell's columns. http://www.jewishworldreview.com/cols/sowell012709.php3 This one today is particularly telling of our future... it looks just like our past.

More was done during those years than merely "changing the way the numbers were calculated" and you know it. There was no kind of debt showing in '99 like there is now, or like there was in '93.

I'm not sure what you want everyone here to do about it. :D

Obama's going to spend money, we get it. Tell me, would McCain have halted all government spending? I doubt it. My question is do you think the country will be better or worse off after 8 years of Obama? You obviously think it's going to be worse, I get that too.

Anything new to add?

I just have trouble accepting when someone says any new debt that Obama racks up is going to be America's downfall all the while completely ignoring the existing debt which was as we all know compiled by you-know-who and co. It's... well... insufferably stupid really.

Yes yes, you're only the 8th person to say this, good one. It didn't get old by halfway down page 1 I swear. :D

The charts don't lie they are in this thread and well all over the web. Clinton didn't pay anything off. I agree Bush racked up a mountain of debt but you don't fix that problem by adding more debt. Obama's budget plan deficit this year alone is going to be 1/5 of the 10 trillion we already have. And this won't be the only bailouts for the year. Once they figure out that their plan didn't work we'll be right back at the drawing table again months down the road. If it even takes that long. My guess is Feb March when the Retail market starts tanking.

Then take into consideration commercial real estate market. In addition we'll have more and more residential home owners defaulting because of job losses. The whole excuse for all of the bailouts to begin with was suppose to be the real estate market but I don't see much of anything going in that direction. Of course that is because it's a complete lie to begin with. It was the derivatives that was the problem.

As far as what I want you and, well, everyone to do is get informed and pay attention to what these fuckwits are doing at every step because they aren't looking out for us no matter how they try to sell themselves. They are protecting their interest in controlling you, me, our money, lives and livelyhood. If enough people know what the fuck is up they'll recognize they can't play this game anymore.

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So Either:

A. You didn't read any of my post
B. You're simply ignorant of the subject
C. You're just closed minded and refuse to believe your opinion is wrong

Cannot believe I even bothered trying to explain this to you.

I know what you're trying to explain. You're trying to sell me on the same bullshit Obama is trying to sell Congress on. It's not going to work. THE PLAN IS NOT GOING TO WORK. That is my stance. It's going to do nothing but increase the debt and they'll be right back to the drawing table. Next month when the shit really starts to hit the fan they'll say "Oh it's going to take a while for the plan to work." In the mean time millions more jobs will be lost and more foreclosures both residential and retail.

You don't seem to get my point. They aren't going to the root of the problem which is the Federal Reserve fractional reserve central banking system and the second level of this same scam the CDO/CDS market. They ARE trying to keep this system afloat by running up debt to us and sure they can eventually level it out but at what cost to us and who really benefits?

As far as Clinton Bush etc It doesn;t matter because they ALL played a part in this and Obama is continuing it.

Oklahoma and Texas fans in the same country if they had a choice? helll nooooooo

How are they going to rack up debt? Explain this to me.

Definitely one of the bigger concerns. Chinese wages should keep rising, commodities should resume their bull run, the printing presses are running.

McCain's budget would be similar to Obama's. The government budget hasn't decreased since 1965 and that was by less than 1%. Every year the budget increases 2-7% no matter who is president. It's been 20 years since government spending increased less than 2%. Last happened in 1987 after some really big increases in Reagan's first term.

The best thing for the debt is a strong stock market and during strong stock market years you see strong government receipts due to capital gains taxes. Look at the late 1990s stock market when capital gains taxes collected increased from $62 billion to $110 billion between 96 and 99. Capital gains taxes made up 6% of all government receipts in 99.

Money As Debt
http://video.google.com/videoplay?do...74362583451279

The Federal Reserve/World Bank/IMF are the world's money changers.

Ok dude. I know the whole FR conspiracy. I know the whole, every dollar is loaned - with interest theory.

That doesn't equate to the actual subject at hand. Under your conspiracy theory, we're all fucked and no matter how much prosperity we see we're still puppets to the Federal Reserve.

Let's get off the loonie farm for a minute and get back to "Obama's 1 trillion stimulus package = more debt". If you want to argue that point, do so with some facts and references with substance and not you tube conspiracy videos.

You cannot just argue a topic with out relevant information or responses. Repeating yourself "omg it's teh conspiracays - i can reply post videos proof from youtubers!". It's just not an actual debate you're lying onto the table. You're just being a stubborn ass and saying. ""There is a conspiracy, that may or may not specifically relate to the discussion. I'm not going to provide any real insight or facts to the discussion. I'm just going to repeatedly post nonsense I found on youtube because I ate it up like pig on shit and have no capacity to think for myself.""



If you want to actually debate specific facts and reliable information. I'm down. I'm not going to go back and forth with you any more if you're just going to post this youtube shit.

*google, youtube.. whatever. i made my point

What else do I need to explain? All banks and the mortgages/loans/bank accounts they hold are being consolidated into a small umbrella of companies which have been setup by the Federal Reserve (a private company). We already have $10+ trillion in national debt and we're adding at least 2.2 trillion to it this year and it's not even the end of January. This shit isn't a conspiracy theory. It's real shit happening in real fucking life. We have over $50 trillion worth of unfunded entitlements that start kicking in within the next year or two for baby boomers. Do you not see where this is going? Is it that hard to see?

The video I linked to gives you "elementary" explanation of what the problem is. If you don't want to watch it then you are not wanting to listen to what I'm telling you not the other way around. I already know the "other side" of the story I've been looking into this for a long time...

I went through the same thing with this asshat. Now all I see is this.

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Was a great decision IMHO.

500 years ago you could buy a nice outfit, shoes hat the whole set up for a gold coin. Today you can buy a nice out fit shoes hat the whole set up for a gold coin. 50 years ago you could buy a decent set of clothes with a $1. Today you can't even get a pair of socks. Fractional Reserve central banking and Keynesian economics are out of date and destroying us. It isn't sustainable.

Thanks for typing all that out for me. I've been just too busy (read: lazy) to make that much effort to educate the few who badly need it here, and you said it better than I would have.

Good post.